11-15-2004, 02:38 AM
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 Re: ????? Whats the Cap gains top percent.Thank You - quote - > > If it's true I'll be happy with it. Got a couple loosers to
Ooops, you could be happier yet!!!=> > dispose of. > True 'n' your losses offset your gains. > LONG TERM GAINS are taxed at 10% if you're in the 15% income > tax bracket and 15% if you're in the 25% or higher tax > brackets.  Long term gains are taxable at the rate of 5% if you're in the 15% tax bracket!!!- Please edit out the 10% shownabove. "Jack" - John H. Fisher - TaxService[at]aol.com Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html Where Ignorance is bliss, 'tis folly to be wise!= << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
11-14-2004, 05:00 PM
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| ????? Whats the Cap gains top percent.Thank You I'm gonna be a happy guy - quote - > Maybe some body can tell me.
True 'n' your losses offset your gains.> Got a couple stocks that are really moving this year. > I want to sell them but am wondering what the capital > gains max amount is. > Got 6000 GRA at 3.40 which is hitting 15.00 Also > have 10,000 UNRW at .65 which is heading to 4.00. I was > told 15% max for long term Cap gains. > If it's true I'll be happy with it. Got a couple loosers to > dispose of. LONG TERM GAINS are taxed at 10% if you're in the 15% income tax bracket and 15% if you're in the 25% or higher tax brackets. "Jack" - John H. Fisher - TaxService[at]aol.com Philadelphia, Pa - Atlantic City, NJ - West Wildwood, NJ My Newsgroups & Boards at: http://members.aol.com/TaxService/index.html Where Ignorance is bliss, 'tis folly to be wise!= << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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